U.S. consumer sentiment falls in June amid tariff concerns

U.S. CONSUMER CONFIDENCE weakened in June and long-term inflation expectations dropped to the lowest on record, according to the University of Michigan. / BLOOMBERG FILE PHOTO/VICTOR J BLUE
U.S. CONSUMER CONFIDENCE weakened in June and long-term inflation expectations dropped to the lowest on record, according to the University of Michigan. / BLOOMBERG FILE PHOTO/VICTOR J BLUE
WASHINGTON – United States consumer sentiment weakened in June and long-term inflation expectations dropped to the lowest on record as the outlook for the economy dimmed amid President Donald Trump's stepped-up trade war. The University of Michigan's preliminary sentiment index fell to 97.9 from 100 in May, slightly undershooting the median forecast in a Bloomberg survey…

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